Search: Exchange Settlement Account
RBA Glossary definition for settlement
settlement – The discharge of obligations arising from fund transfers between two or more parties.
RBA Glossary definition for Exchange Settlement Account
Exchange Settlement Account – An account held at the Reserve Bank of Australia by financial institutions to settle financial obligations arising from the clearing of payments.
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The Consequences of Low Interest Rates for the Australian Banking Sector
21 Dec 2022
RDP
2022-08
a) Includes deposits in housing loan offset accounts and non-interest bearing deposits. ... b) Excludes deposits in housing loan offset accounts; includes non-interest bearing deposits.
https://www.rba.gov.au/publications/rdp/2022/2022-08/full.html